Barclays pension CETV divorce!

Scottish_Dorset

Hello all!
I've written before about my ongoing divorce, it is still ongoing!  I am trying to work out how much a pension maybe worth now.  It appears in Scottish law you don't have to disclose finances like in English law.  The pension is with Barclays Bank 1964 scheme.  I'm wondering if there is a formula to give a more recent CETV.  The last CETV was in 2011 when it was valued at £140k.  No more employee contributions after 2005 with 16 years service to that date.  It has been sole destroying in trying to get information.  
Any thoughts or advice would be much appreciated.
Thank you.

xylophone

It has been sole destroying in trying to get information.  

You didn't let your fingers do the walking....?

Your previous post indicates that your husband is being deliberately uncooperative and that you are living in very straitened circumstances.

https://forums.moneysavingexpert.com/discussion/6204302/divorce-scotland-pension-please-help#latest

Is your mother in a position to help?

Any help here?

https://www.thisismoney.co.uk/money/news/article-7974083/Heres-12-ways-reduce-defer-pay-legal-fees-little-no-money.html

https://epa.towerswatson.com/accounts/barclays/

Thrugelmir

Point of separation appears to the ruling under Scottish law for division. Though this would have increased with subsequent index linking. Unfortunately if you are unable to obtain legal advice. You find yourself better off accepting a settlement. Moving on with your life and relieving yourself of the stress is priceless. Something money cannot buy. 

Scottish_Dorset

Thank you xylophone and Thrugelmir.  Agree about stress and moving on, however, money is required to move on!  I'm living in rented accommodation and wish to use the money to put down as a deposit, I wish for the security of my own home.  As the divorce is not yet finalised, if the pension has gone up significantly, maybe it is possible to switch jurisdiction to English law.  We lived all of our married lives in England and are both from England, all our assets were based in England.  The date of separating in Scottish law is being used to husbands advantage, the pension may be worth a lot more now and in English law.  The pension was earned during our marriage and is probably accumulating, should he be the only one to benefit on the increase in valuation?

john-306

Definitely here as xylophone posted

https://epa.towerswatson.com/accounts/barclays/
My wife used it last year to give immediate value of pension, she used it numerous times over a few months at no cost when deciding to take CETV.

Marcon

john-306 said:

Definitely here as xylophone posted

https://epa.towerswatson.com/accounts/barclays/
My wife used it last year to give immediate value of pension, she used it numerous times over a few months at no cost when deciding to take CETV.

How is OP going to get access when it is her husband who is the member of the pension scheme?

Scottish_Dorset

Yes Marcon, that is the problem!  Thanks

john-306

Marcon said:

How is OP going to get access when it is her husband who is the member of the pension scheme?

No idea, it wasn't in her post?

Silvertabby

Marcon said:

john-306 said:

Definitely here as xylophone posted

https://epa.towerswatson.com/accounts/barclays/
My wife used it last year to give immediate value of pension, she used it numerous times over a few months at no cost when deciding to take CETV.

How is OP going to get access when it is her husband who is the member of the pension scheme?

The member website may give a CETV for a transfer, but I very much doubt that it would give a CETV and a Form E for divorce purposes.

A divorce CETV is probably the most complex calculation to be carried out by DB schemes.

Scottish_Dorset

Would be good to have an idea.  I believe this particular pension has performed well over the recent years.

Marcon

Scottish_Dorset said:

Would be good to have an idea.  I believe this particular pension has performed well over the recent years.

If it's a defined benefit pension, the performance of the funds held by the trustees to provide the benefits has no impact on the level of benefits promised under the rules of the scheme.